The Equal Credit Opportunity Act prohibits discrimination in credit transactions. Under the ECOA, borrowers have the right to know why their credit application was rejected. If you suspect you're ...

The Consumer Financial Protection Bureau (CFPB or Bureau) recently announced that it plans to revisit – and potentially revise – its ...

This year marks the 51st anniversary of the Equal Credit Opportunity Act of 1974, which protected women's right to access to credit. Before the law, women needed their husbands, fathers or brothers ...

On April 3, the CFPB informed a Florida federal district court that it plans to initiate new rulemaking to revise its small business lending ...

The programs, created through the Equal Credit Opportunity Act, allowed certain first-time homebuyers to have lower downpayments and credit scores. President Donald Trump has been pushing to purge ...

But that year, on Oct. 28, President Gerald Ford signed into law the Fair Credit Opportunity Act, giving women the right to ...

However, the FRCA doesn't explicitly prevent creditors from discriminating against you. That responsibility falls under the Equal Credit Opportunity Act. Read next ...

Massachusetts Congresswoman Margaret Heckler's groundbreaking career in politics is the subject of a new biography by her daughter-in-law.

This year marks the 51st anniversary of the Equal Credit Opportunity Act of 1974, which protected women's right to access to credit. Before the law, women needed their husbands, fathers or ...